Sandhill Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable $79,000 Interest Expense $5,400 Prepaid Insurance $4,500 Land $29,800 Short-term investments $1,000 Office salaries $72,200 Common Shares $17,800 Sales Salaries $95,500 Cash $3,100 Supplies expense $23,900 Advertising $49,700 Insurance expense $9,500 Accounts Receivable $11,600 Depreciation expense $16,100 Sales revenue $603,100 Income tax expense $14,400 Accounts Payable $7,500 Dividend Payments $13,500 Buildings (Net) $98,000 Interest Income $19,500 Cost of Goods Sold $303,700 Inventory $19,200 Note Payable (due in 9 months) $8,200 Retained Earnings (Beg Bal-Jan 1) $36,000